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Canada Revenue Agency
(CRA) obtained a court order requiring eBay Canada to release to them
information on certain Canadian eBay sellers. The information includes names,
contact information, and sales records for

sellers who, in any of the years 2006, 2007 or 2008 had
more than $20,000 in sales and at least 24 sales transactions, or

sellers who, in any of the years 2006, 2007 or 2008 had
more than $100,000 in sales, regardless of the number of sales
transactions

The eBay seller did not have to be an eBay PowerSeller in
order for the records to be released, as long as the criteria above were
met. The court order refers to sales on eBay.ca or eBay.com.

CRA issued a news
release on eBay selling, and indicates that sellers can avoid penalties by
providing information to CRA under the Voluntary
Disclosures Program (VDP). However, this information must be
disclosed to CRA prior to their initiation of an audit or other compliance
action.

Tax Tip: If you are an
eBay seller and are not sure if the income is taxable, talk to your
professional tax advisor.

Revised: May 23, 2018

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